Someone once said that America's system of free enterprise was so strong "not because it stands still, frozen in the past, but because it has always adapted to changing realities." That someone, ironically, was Lee Iacocca, former chairman of Chrysler Corp., which recently exited its second bankruptcy.
Automakers have fueled the economy of the upper Midwest for more than 100 years. But with the Big Three foundering, hundreds of steel and automotive plants sit idle, with one exception, in...Full Story